Investment Advisory - Example

18 St. Swithin's Lane

Client: Royal City Holdings Limited

Property: 18 St Swithin’s Lane, London, EC4

Date: September 1998

Summary: The client, a private Hong Kong Family Office, identified the UK as the location for their long term property investment holdings. Long term quality income and location were key considerations. 18 St Swithin’s Lane was identified as a suitable opportunity and was acquired from a UK Institution in 1997 for £12.55 million.

It was leased for 13 years to N M Rothschild. The property was held for long term income and having settled the rent review in 2004 the property was eventually sold in 2005 for £18 million.

L&O advised throughout the period of ownership.